Compliance Professional Training for Banking Institutions
This condensed 1-day programme equips bank employees and management with practical knowledge of regulatory obligations, anti-money laundering frameworks, risk management, and corporate governance under local regulatory requirements and international standards. Participants leave with a clear understanding of their compliance duties, their institution's regulatory exposure, and the steps required to build a defensible compliance culture.
Modules
Compliance Landscape & Regulatory Framework
Introduction to banking compliance, the role of Bank Negara Malaysia, and the regulatory environment governing licensed financial institutions. Roles and accountability structures of a Compliance Officer.
Corporate Governance in Banking
Governance frameworks, board and management accountability, internal controls, and the relationship between compliance and risk management functions.
AML/CFT: Concepts, Legal Obligations & KYC
Money laundering typologies, terrorism financing risks, and obligations under applicable AML/CFT regulations. Customer identification requirements, CDD procedures, enhanced due diligence for high-risk customers, and beneficial ownership verification.
Transaction Monitoring & Suspicious Transaction Reporting
Identifying red flags, structuring the transaction monitoring process, and fulfilling STR obligations. Sanctions compliance, PEP screening, and managing reputational exposure.
Risk-Based Compliance & Regulatory Reporting
Applying a risk-based approach to compliance management. Customer risk profiling, gap assessments, reporting obligations, and how to avoid common regulatory penalties.
Governance, Ethics & Compliance Culture
Anti-corruption obligations specific to financial institutions, whistleblowing channels, responding to compliance breaches, and building a sustainable compliance culture within your branch and institution.
Final Activity
Case Study Workshop. Participants work through real-world banking scenarios applying KYC, CDD, red flag identification, and STR decision-making. Group discussion and facilitator review.
Key Outcomes:
Understand the regulatory framework governing licensed financial institutions
Identify personal compliance obligations as a banking professional
Apply AML/CFT requirements including KYC, CDD, and STR in daily operations
Recognise red flags for money laundering, terrorism financing, and sanctions violations
Conduct basic compliance risk assessments and contribute to a risk register
Respond appropriately to compliance breaches and whistleblowing situations
Contribute to a strong compliance culture within your institution
Fee: RM 1,750 per participant
Minimum enrolment: 1 participant
Duration: 1 Day
Level: Intermediate / Banking Professionals
HRD Corp Claimable
Certificate included